ANGLO AMERICAN PLC (NGL0.DE) Stock Technical Analysis
FRA:NGL0 - Deutsche Boerse Ag - GB00BTK05J60 - Common Stock - Currency: EUR
Taking everything into account, NGL0 scores 3 out of 10 in our technical rating. NGL0 performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of NGL0 is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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23.27
When analyzing the support we notice one important area.
- A support zone ranging from 23.50 to 23.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @26.40 from a horizontal line in the weekly time frame.
- Resistance @27.10 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NGL0.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGL0.DE is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NGL0.DE has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGL0.DE is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 49.85 | NEUTRAL | The RSI value for NGL0.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.42 | NEGATIVE | The MACD value suggests NGL0.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.78 | NEUTRAL | The Stochastics value for NGL0.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for NGL0.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for NGL0.DE suggests a weak or negative trend. |
FRA:NGL0 (8/8/2025, 7:00:00 PM)
25.3
+0.5 (+2.02%)